Oil & Gas Accounting & Reporting Fundamentals 2013 is a course that covers topics such as:
- The principles of oil and gas financial accounting and reporting
- A summary of the oil and gas industry and the current challenges
- Full cost vs successful efforts
- Key oil and gas accounting methods
- Depletion, depreciation and amortisation in an oil and gas context
- Account for production, exploration, development and drilling costs
- Revenue accounting
- Asset impairment, restoration and abandonment provisions
- Financial and supplemental disclosures
- The accounting treatment of joint ventures and production sharing contracts
- Cost and estimation, and managing contingencies
- Analysing financial statements and KPIs that drive decision making
Oil & Gas Accounting & Reporting Fundamentals 2013 is intended for personnel involved in financial accounting and reporting within the oil and gas industry.